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Viewing charts in different time segments Rate this Topic:
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Kneissl
Posted : Tuesday, May 21, 2013 2:50:44 PM
Registered User
Joined: 4/20/2013
Posts: 13

Lets say I am viewing a chart that displays Price History using Candlesticks in the top half and displays Volume in the bottom half. My goal is to find a stock for a swing trade.

I realize that if you display 5Y, 1Y, YTD,  version of the chart it will give you a good overview of the company's history and past performance.

My confusion comes when I find a stock that I may want to trade. Which chart should I be looking at for my entry point?

Should I be looking at a 1M chart set to 30 minutes, hourly, etc? 

or

Should I be looking at a 1W or 1D chart set to 15 mintues, 10 minutes, etc?

The combinations go on and on.

 

Thank you in advance for clarifying this for me.

Bruce_L
Posted : Tuesday, May 21, 2013 2:52:28 PM


Worden Trainer

Joined: 10/7/2004
Posts: 65,138

The trainers can't give setting, interpretation or investment advice. I will move this topic to the Stock and Market Talk forum where other traders are more likely to see it and comment.



-Bruce
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pthegreat
Posted : Wednesday, May 22, 2013 2:19:39 PM

Registered User
Joined: 6/15/2008
Posts: 1,356

one word :    fractals

 

http://www.youtube.com/watch?v=LemPnZn54Kw

Accounted4
Posted : Wednesday, May 22, 2013 2:49:43 PM
Registered User
Joined: 11/5/2004
Posts: 27

Kneissl - I have sent you a TCMail note with a couple of suggestions. Hope your finding what you need.

Keith

accounted4.keith@gmail.com

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